🔴 Space Industry ETF (RCKT.AX) is trading 3.1% down on August 31, 2026 amid hawkish Fed messaging

RCKT.AX is trading at A$9.28, down -3.13%, as risk-off global sentiment and softer U.S. equity futures pressure speculative growth assets.

• Hawkish Federal Reserve messaging from Kevin Warsh’s August 28 Jackson Hole speech reduced support for rate-sensitive technology and space companies.
• Weakness also affected AST SpaceMobile, Rocket Lab, and Intuitive Machines, with launch-capacity concerns weighing on the group.
• The decline appears sector-wide rather than specific to RCKT, amplified by weakness in growth and semiconductor stocks, including NVIDIA.